Invictus MD Strategies (Invictus MD Strategies) Change In Inventory : $-0.94 Mil (TTM As of Oct. 2019)

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What is Invictus MD Strategies Change In Inventory?

Invictus MD Strategies's change in inventory for the quarter that ended in Oct. 2019 was $0.00 Mil. It means Invictus MD Strategies's inventory declined by $0.00 Mil from Jul. 2019 to Oct. 2019 .

Invictus MD Strategies's change in inventory for the fiscal year that ended in Jan. 2019 was $-0.66 Mil. It means Invictus MD Strategies's inventory increased by $0.66 Mil from Jan. 2018 to Jan. 2019 .

Invictus MD Strategies's Total Inventories for the quarter that ended in Oct. 2019 was $2.28 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Invictus MD Strategies's Days Inventory for the quarter that ended in Oct. 2019 was 512.34.

Inventory Turnover measures how fast the company turns over its inventory within a year. Invictus MD Strategies's Inventory Turnover for the quarter that ended in Oct. 2019 was 0.18.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Invictus MD Strategies's Inventory-to-Revenue for the quarter that ended in Oct. 2019 was 3.96.

Invictus MD Strategies Change In Inventory Historical Data

The historical data trend for Invictus MD Strategies's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Invictus MD Strategies Change In Inventory Chart

Invictus MD Strategies Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Change In Inventory

0.03

0.01

-0.48

-0.66

Invictus MD Strategies Quarterly Data
	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19
Change In Inventory	Get a 7-Day Free Trial															-0.08	-0.46	0.10	-0.58	-

Invictus MD Strategies Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Oct. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.94 Mil.

Invictus MD Strategies (OTCPK:IVITF) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Invictus MD Strategies's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	2.521	/	0.449	*	365 / 4
	=	512.34

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Invictus MD Strategies's Inventory Turnover for the quarter that ended in Oct. 2019 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.449	/	2.521
	=	0.18

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Invictus MD Strategies's Inventory to Revenue for the quarter that ended in Oct. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.521	/	0.636
	=	3.96

Invictus MD Strategies Change In Inventory Related Terms

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Invictus MD Strategies (Invictus MD Strategies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Invictus MD Strategies Corp (OTCPK:IVITF) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

595 Burrard Street, 16th floor, Vancouver, BC, CAN, V7X 1J1

Website

http://www.invictus-md.com

Invictus MD Strategies Corp is a cannabis company with a focus on the Canadian cannabis space, offering a selection of products under a wide range of cannabinoid profiles that fit the demand of the company's medical clients and retail customers. Its wholly-owned subsidiary's Phase I and Phase II facilities are in full production. The company's 50% owned subsidiary has completed its Phase II expansion and received its amended license from Health Canada. Another of its wholly owned subsidiary, connects medical clients to physicians for medical cannabis.